Abuja, Nigeria - The Securities and Exchange Commission's (SEC) is currently on digitalization process to streamline its operations. SEC's efforts are aimed at creating a more efficient, secure, and innovative financial market that benefits both investors and the broader economy.

Consequently, the management of SEC released a circular directing all Capital Market Operators (CMO) to visit the Commission's E-portal and take a survey to assess the adoption of the emerging technology and its impact. According to the public notice from the Commission's Head Office in Abuja, the E-portal shall be opened for 2 weeks, effective May 5 to 20, 2025

SEC's digital innovation is targeted to achieve the following:

- *Enhanced Efficiency*: Digitalization will streamline processes, reducing manual errors and increasing productivity.

- *Improved Investor Protection*: Digital platforms can provide increased transparency and security, protecting investors from fraudulent activities.

- *Support for Innovation*: By leveraging technology, the SEC can foster innovation in the financial sector, enabling the development of new products and services.

- *Convenience of Payment Services*: Digitalization can promote smooth and efficient payment services, encouraging competition and innovation.

- *Better Risk Management*: Digital platforms can help identify and mitigate risks more effectively, ensuring a more stable financial market.

- *Increased Accessibility*: Digitalization can make it easier for individuals and businesses to access financial services, promoting financial inclusion.

By digitalizing its operations, SEC shall position the capital market among the most progressive platforms that are easily accessible and market friendly.